NASDAQ Composite (.IXIC), S&P 500 Climb To New Record Intraday Highs Stocks have moved mostly higher in morning trading on Wednesday, largely offsetting the weakness seen in the previous session. With the upward move, the Nasdaq and the S&P 500 have reached new record intraday highs. The major averages have seen further upside in recent […]
NASDAQ Composite (.IXIC) Hits Another Closing High Despite Apple’s Warning You’d think an epic selloff was inevitable after learning that the coronavirus would impact Apple’s results, but instead stocks came well off their lows on Tuesday with one index even closing at a new high. Yesterday, the iPhone maker said that the sickness would pull […]
NASDAQ Composite (.IXIC) – Big tech gains aren’t ‘extraordinary’ after all The tech-heavy Nasdaq 100 index has soared almost 40 per cent over the last year, prompting various critics to complain of seemingly extraordinary gains driven by central banks’ easy money policies. That’s not the case, says Price Action Lab blogger Michael Harris. Yes, a […]
NASDAQ Composite (.IXIC) Snaps Win Streak Despite paring steeper losses, the Dow ultimately closed in the red. Renewed coronavirus fears and weak guidance from Cisco Systems (CSCO) weighed heavy on investors, although the blue-chip index did bounce off its more than 200-point session lows. The S&P 500 and Nasdaq nabbed fresh record highs and worked […]
NASDAQ Composite (.IXIC) – Solid earnings send stock indexes higher on Wall Street Stocks closed broadly higher on Wall Street Wednesday, driving the S&P 500 and Nasdaq indexes to more record highs. Technology stocks powered much of the rally as investors focused on the latest batch of mostly solid company earnings reports. The latest gains […]
NASDAQ Composite (.IXIC) , S&P 500 Close Modestly Higher, Dow Nearly Unchanged Stocks showed a notable move to the upside in early trading on Tuesday but gave back some ground over the course of the session. The major averages pulled back well off the record intraday highs set early in the session, although the Nasdaq […]
NASDAQ Composite (.IXIC) Leads Market Higher, Remains In Focus The Nasdaq Composite and S&P 500 clinched closing records on Monday as investors took heart in mostly solid U.S. fourth-quarter corporate earnings and looked beyond concerns about the coronavirus outbreak’s potential disruption to global supply chains. What drove the market? “Earnings seem to be the story,” […]
NASDAQ Composite (.IXIC) mint record highs after strong U.S. data, waning virus fears The benchmark S&P 500 posted a record closing high on Wednesday as U.S. stocks rallied for a third straight day on encouraging U.S. economic data and waning fears of the financial fallout from the corona virus in China. The Nasdaq also notched […]
NASDAQ Composite (.IXIC) tumbles on virus, growth worries Wall Street’s major indices tumbled more than 1.5 per cent on Friday, sealing its worst week in six months, as the spreading coronavirus outbreak coupled with sluggish US economic data and a mixed batch of corporate earnings, fuelled concerns about global growth. After suffering its biggest one-day […]
NASDAQ Composite (.IXIC) rebounds on WHO coronavirus remarks US stocks rebounded late to close higher on Thursday after the World Health Organization (WHO) declared the China coronavirus a global emergency, while earnings painted a mixed picture. After the Centres for Disease Control and Prevention reported the first US incident of person-to-person spread of the virus, […]
NASDAQ Composite (.IXIC) Delivers Strong Revenue Growth in Non-Trading Segments(1) 2019 net revenues2 were $2,535 million. Revenues in the non-trading segments increased 10% versus the prior year period, while Market Services revenues decreased 5% from a multi-year annual high in 2018 as volatility and volumes receded. The 10% increase in 2019 net revenues in the […]
NASDAQ Composite (.IXIC) reversed most losses from a sell-off the day before hares advanced in most Asian markets on Wednesday after a rebound on Wall Street that reversed most losses from a sell-off the day before. Hong Kong’s Hang Seng dropped 2.4%, to 27,289.55 after reopening from Lunar New Year holidays, while other Chinese markets […]
NASDAQ Composite (.IXIC) firms heading into earnings season Companies in the Nasdaq 100 are headed into earnings season with momentum that approaches the unprecedented, their value up by more than US$1 trillion since October. Now the world finds out if the rally made any sense. Twenty-six constituents are due to report quarterly results next week, […]
NASDAQ Composite (.IXIC) edges to record as investors monitor China virus Wall Street stocks finished mostly higher on Thursday (Jan 23), with the Nasdaq edging to a fresh record, despite worries over the coronavirus in China. Stocks opened solidly lower on worries the sickness could spread and dent the global economy. But sentiment shifted after […]
NASDAQ Composite (.IXIC) at record as IBM soars The S&P 500 and the Nasdaq have scaled new highs as an upbeat forecast from IBM added to optimism over earnings, while China’s efforts to contain a virus outbreak eased worries about a wider financial fallout. IBM shares jumped 4.1 per cent after it forecast full-year profit […]
NASDAQ Composite (.IXIC) – US stocks close lower amid jitters over virus outbreak Banks led a slide in U.S. stocks Tuesday as a virus outbreak in China rattled global markets, prompting investors to shift assets into bonds and defensive sector companies. The sell-off snapped a three-day winning streak by the S&P 500. The benchmark index […]
NASDAQ Composite (.IXIC) – Tech, financial shares lead surge to record highs The record-setting rally in U.S. equities accelerated in the wake of Wednesday’s China trade deal and signs consumer demand remains strong. Bond yields rose. All three main U.S. stock benchmarks surged to all-time highs after setting multiple records earlier this week, with technology […]
NASDAQ Composite (.IXIC) tread water ahead of trade-deal signing U.S. stock benchmarks on Wednesday opened slightly lower to flat as investors awaited the signing of a partial Sino-American trade pact later in the day, amid a rollout of quarterly corporate earnings results. The hoped for improvement in U.S.-China trade relations might not be immediately achieved […]
S&P 500, NASDAQ Composite (.IXIC) end choppy session lower Wall Street stocks finished a choppy session mostly lower on Tuesday (Jan 14) as earnings season opened with mixed banking results ahead of a US-China trade agreement. Stocks were bruised by an early afternoon Bloomberg News report that said the United States could maintain tariffs on […]
NASDAQ Composite (.IXIC) , S&P 500 Climb To New Record Closing Highs Stocks moved mostly higher over the course of the trading day on Monday, rebounding following the pullback seen in the previous session. With the upward move on the day, the Nasdaq and the S&P 500 ended the session at new record closing highs. […]
NASDAQ Composite (.IXIC) US stocks pull back from records following jobs report U.S. stocks fell from their record heights on Friday after a report showed hiring was a touch weaker than expected last month. Employers added 145,000 jobs across the country in December, short of the 160,000 that economists forecast. But the growth was solid […]
NASDAQ Composite (.IXIC) ends at record amid lower anxiety at US-Iran conflict The Nasdaq surged to a fresh record on Wednesday, as the major US indices all rose amid diminished anxiety over the US-Iran conflict in the wake of an attack on American troops. The tech-rich Nasdaq Composite Index finished up 0.7 percent at 9,129.24, […]
NASDAQ Composite (.IXIC) close at new records after Trump minimizes Iran strikes U.S. stocks recovered from overnight losses to post solid gains, with the Nasdaq notching a new record close, after remarks by President Trump suggested the U.S. and Iran were refraining from further military action following attacks on U.S. bases overnight, in retaliation for […]
NASDAQ Composite (.IXIC) Positive for the Week Despite Airstrike Concerns The S&P’s five-week winning streak came to an end on Friday as a U.S. airstrike in the Middle East forced this rally to take a break. The index declined 0.71% today to finish at 3234.85, which is only a little more than 5 points below […]
NASDAQ Composite (.IXIC) glitters in a $7t glow In a decade of extreme wealth creation in markets, few assets did more to enrich investors than stocks in the Nasdaq 100 Index. Their combined value jumped by more than $7 trillion, ending with the best year since the bull run began. Powered by a near-doubling in […]
NASDAQ Composite (.IXIC) closes above 9,000 for first time as rally rolls on Stocks ended higher Thursday, hitting record highs as the market rallied into the end of 2019. The Dow closed 105 points higher, while the S&P 500 climbed 0.5%. The Nasdaq finished about 9,000 for the first time, rising nearly 0.8% to 9,022. […]
NASDAQ Composite (.IXIC) Extends Streak The Dow notched a triple-digit gain today, managing even more record highs, as Wall Street mostly looked past impeachment headlines out of Capitol Hill. Meanwhile, the Nasdaq and S&P 500 enjoyed modest upside, grabbing fresh all-time highs along the way, with the former index stretching its daily win streak to […]
NASDAQ Composite (.IXIC) able to extend its winning streak with the boost in sentiment from a preliminary U.S.-China trade deal U.S. stocks finished mixed Wednesday as only the Nasdaq Composite was able to extend its winning streak with the boost in sentiment from a preliminary U.S.-China trade deal tailing off by the end of the […]
NASDAQ Composite (.IXIC) risk appetite improves A fresh record high for the Nasdaq, as the tech index outperformed compared to the other main US indices, and where in terms of its components Tesla lead the gains outperforming compared to the rest. That has kept its bull trend technical overview intact, even if on average the […]
As the NASDAQ Composite (.IXIC) sets new records, a reminder how highly valued tech stocks are today Today the tech-heavy Nasdaq Composite closed at an all-time record high of 8,814.23, up 0.91% on the day. The Nasdaq is up more than 32% on the year. Turning the clock back, the Nasdaq Composite is up around […]
NASDAQ Composite (.IXIC) could be in for another huge run in 2020 Stocks kicked off the month of December with a losing streak, but despite the bumpy start — the Dow Jones Industrial Average shed more than 500 points in the first two trading days of the month — 2020 could be another big year […]
NASDAQ Composite (.IXIC) falls as Apple, health shares drag US stocks pulled back on Monday from near-record levels, as Apple and healthcare shares fell and investors braced for a busy week of political and economic news, including a potential turning point in the US-China trade dispute. Wall Street is focused on December 15, when the […]
NASDAQ Composite (.IXIC) is back within reach of record highs The Nasdaq 100 brushed off trade concerns last week as robust employment data and strong consumer confidence helped to drive the tech-heavy index back near record levels. While the data helped to ward off concerns last week, time ahead of the December 15 tariff deadline […]
NASDAQ Composite (.IXIC) shares advance after meager gains on Wall Street Shares swung higher in Asia on Friday after a wobbly day of trading on Wall Street as investors awaited a U.S. government jobs report and kept an eye out for developments in China-U.S. trade talks. Hong Kong’s Hang Seng rose 0.7% to 26,401.47, while […]
NASDAQ Composite (.IXIC) rise ahead of Thanksgiving Day US markets edged higher into record territory on Wednesday however trading volumes were thin ahead of the Thanksgiving Day holiday on Thursday. The Dow Jones Industrial Average moved up 42.32 points or 0.15 percent to 28,164.00 while the S&P 500 rose 13.11 points or 0.42 percent to […]
NASDAQ Composite (.IXIC) jump to records as tech, small companies lead way A flurry of buyout deals and rising optimism about U.S.-China trade talks sent stocks back to record heights Monday, the latest bit of fuel for a market that’s been climbing since early last month. Technology stocks and smaller companies led the way after […]
NASDAQ Composite (.IXIC) falls on concerns about US-China trade deal progress Wall Street’s main indexes ended Wednesday’s session lower on concerns that a “phase one” trade deal between Washington and Beijing may not be completed this year, while minutes from the Federal Reserve’s October policy meeting appeared to offer little help. The Fed minutes offered […]
Tech Lifts NASDAQ Composite (.IXIC) to Record as Retail Drags on Dow: Markets Wrap Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. The Nasdaq Composite climbed to a fresh record on the back of gains in megacap tech companies even as the Dow Jones Industrial Average […]
NASDAQ Composite (.IXIC) dip on China deal doubts Wall Street stocks mostly dipped early Monday as fresh skepticism over US-China trade talks weighed on hopes for a near-term resolution to the grinding conflict. Analysts cited reports that Chinese officials are intent on staking a “phase one” US-China trade deal on the removal of some tariffs, […]
NASDAQ Composite (.IXIC) stocks climb to fresh records on revived hope for U.S. – China trade deal U.S. stocks closed at fresh record highs on Friday on revived hopes for a U.S. – China trade deal despite mixed economic data. The Dow hit 28,000 for the first time after posting a fourth straight week of […]
NASDAQ Composite (.IXIC) has again been hit by trade jitters US stocks ended little changed on Wednesday as a report the US-China trade deal could be delayed until December was offset by gains in healthcare shares. The Nasdaq broke a three-day string of record closing highs, and the Dow barely snapped its two-day run of […]
NASDAQ Composite (.IXIC) continue to hit record highs It’s the market that continues mostly upward, even though there’s still plenty to worry about. The Dow Jones industrial average and the Nasdaq closed at record highs yet again Tuesday, and the S&P 500 closed barely below the all-time high it reached a day earlier. The gains […]
NASDAQ Composite (.IXIC) higher as hopes of a U.S.-China trade deal and an improving domestic economy boosted risk appetite Technology stocks pushed Wall Street’s three main indexes to record highs on Monday, as hopes of a U.S.-China trade deal and an improving domestic economy boosted risk appetite. Washington and Beijing said on Friday they had […]
NASDAQ Composite (.IXIC) major averages rise to these major risky levels it’s time to reduce allocations to stocks to the minimum percentages in your investment guidelines The S&P 500 set its all-time intraday high of 3,066.95 as November begins with its quarterly and monthly risky levels at 3,076.9 and 3,089.5, respectively. The Nasdaq Composite set […]
NASDAQ Composite (.IXIC) may give back some ground in early trading After ending the previous session mostly higher, stocks may give back some ground in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 42 points. Profit taking may contribute […]
NASDAQ Composite (.IXIC) earnings upbeat, more due this week US stocks rose on Friday after Washington said it was close to finalising parts of a trade pact with Beijing, while strong quarterly results from Intel boosted investor sentiment, sending the S&P 500 briefly over a record high. During the session, the benchmark index peaked at […]
NASDAQ Composite (.IXIC) third-quarter earnings season takes center stage The S&P 500 and Nasdaq index rose on Thursday, boosted by gains in Microsoft and PayPal, but Vice President Mike Pence’s comments on China rekindled worries ahead of trade talks. Pence accused China of curtailing “rights and liberties” in Hong Kong in a wide-ranging critique of […]
NASDAQ Composite (.IXIC) investors are focused squarely on earnings and Visa to report after hours Things were going so well yesterday, that is until The House of Commons voted against UK Prime Minister Boris Johnson’s attempt to fast track Brexit after voting in favor of the deal. That was enough to dry up bids and create […]
NASDAQ Composite (.IXIC) Stocks See Late-Day Weakness Stocks turned in a lackluster performance throughout much of the trading day Tuesday but came under pressure in the latter part of the session. The major averages all pulled back into negative territory, with the tech-heavy Nasdaq showing a notable drop. After ending the previous session at its […]
NASDAQ Composite (.IXIC) Tech stocks drive gains on Wall Street The S&P 500 and Nasdaq indexes rose on Monday as technology stocks were bolstered by signs of progress in resolving the prolonged U.S.-China trade dispute, while losses in Boeing capped gains in the blue-chip Dow Jones Industrials. White House adviser Larry Kudlow said tariffs scheduled […]
NASDAQ Composite (.IXIC) awaits the quarterly reports from Amazon and Microsoft The world’s largest publicly traded company by market cap is scheduled to report on Wednesday, in an event that could significantly sway the Nasdaq 100. Mega-cap companies like Microsoft and Apple have become synonymous with the broader market by some investors – due to […]
NASDAQ Composite (.IXIC) Climb on Tentative Brexit Deal, Solid Earnings A positive opening today for the markets following decent enough economic data. Earnings, trade talks and a tentative Brexit deal are also positives today helping lift equities. Wednesday, stocks closed mixed to slightly lower with small caps outpacing their large cap brethren. The Russell 2000 finished […]
NASDAQ Composite (.IXIC) Stocks Mixed on Weak Retail Sales Markets opened mixed to flat today following yesterday’s broad based rally. Tuesday, stocks closed near the highs of the day on lower than average daily trading volume. Earnings strength along with a positive tone to the macro-economic environment helped sustain yesterday’s rally. Trading volumes continue to […]
NASDAQ Composite (.IXIC) Rise as Earnings Season Begins Stocks whimpered into the close Monday with only 4.8 billion shares changing hands. To put that into perspective, that is the lightest full day of trading on the consolidated tape in 2019 and over 31% lower than the yearly average. The only slower day was July 3rd, […]
NASDAQ Composite (.IXIC) breakeven amid waning optimism over Friday’s partial trade deal between Beijing and Washington tocks finished a relatively quiet session lower today, after trading on both sides of breakeven amid waning optimism over Friday’s partial trade deal between Beijing and Washington. Reports emerged that China wishes to continue trade talks before finalizing the “phase one” […]
NASDAQ Composite (.IXIC) rise on trade hopes North American stock markets gained on Wednesday on a report that China could yet agree to a partial trade deal with the United States despite recent tensions, while the prospect of a last-minute Brexit agreement between the European Union and Britain seemed as remote as ever. Sterling was […]
NASDAQ Composite (.IXIC) tumbled as optimism faded over the outcome of trade talks U.S. stocks tumbled on Tuesday as optimism faded over the outcome of trade talks after a report the Trump administration was moving ahead with efforts to limit capital flows to China and the inclusion of Chinese firms to a blacklist. The declines […]
NASDAQ Composite (.IXIC) May Give Back Ground Amid Uncertainty About Trade Talks Stocks are likely to move to the downside in early trading on Monday, giving back ground following the rally seen last Friday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 52 […]
NASDAQ Composite (.IXIC) close higher as investors bet Fed will lower interest rates U.S. stocks closed higher Thursday, recovering from two days of losses, as investors bet that signs this week of a slowing economy will prompt the Federal Reserve to lower interest rates for the third time this year at its late October meeting. […]
NASDAQ Composite (.IXIC) will look to hold above the 200-day moving average ahead of ISM services data The Nasdaq 100 is down nearly 2% from its Monday open after Tuesday’s ISM manufacturing data revealed the sector contracted further in September. The findings worked to exacerbate recessionary fears and has battered risk appetite ahead of two critically important […]
NASDAQ Composite (.IXIC) Reverses Lower On ISM Data The Nasdaq composite forfeited a solid early gain of as much as 0.8% amid a broad initial advance in stocks today. But another month of weak manufacturing data torpedoed the rally. The tech-weighted index slipped around 0.7%. Near the noon hour in New York, the S&P 500 fell […]
NASDAQ Composite (.IXIC) has first quarterly decline of 2019 US stocks, which rallied at the start of 2019, ended the third quarter on a much quieter note. Stocks finished the last trading day of the quarter higher on Monday, but have been on a downward trend of late. The major indexes just recorded two down […]
NASDAQ Composite (.IXIC) close slightly lower as trade optimism sours U.S. stocks ended slightly lower Thursday as investors grappled with downbeat news in U.S.-China trade relations and drama in Washington over a whistleblower complaint alleging President Donald Trump sought foreign election interference. What are major indexes doing? The Dow Jones Industrial Average DJIA, -0.30% lost 79.59 points, or […]
NASDAQ Composite (.IXIC) retakes 8,000 as Trump says China trade deal ‘could happen sooner than you think’ U.S. stock-market benchmarks late-morning Wednesday were trading near session highs, with banks, consumer-staples, and discretionary stocks helping to power a rise. The Dow Jones Industrial Average DJIA, +0.61% was up 140 points, or 0.5%, at 26,950, the S&P 500 index SPX, +0.62% was rising […]
NASDAQ Composite (.IXIC) close mixed; investors play defense after eurozone data highlights global slowdown U.S. stocks closed mixed, but largely unchanged Monday after investors weighed downbeat data on eurozone manufacturing activity with news that Chinese officials played down the significance of last week’s cancellation of visits to U.S. farm states. How did markets perform? The […]
NASDAQ Composite (.IXIC) drops as China cancels farm trip Wall Street has dropped, and also finished the week lower, after a Chinese agriculture delegation cancelled a planned visit to Montana, dampening optimism about US-China trade talks. The delegates, who had been set to visit US farm states next week, will return to China sooner than […]
NASDAQ Composite (.IXIC) Gives up Early Gains on Trade Fight Worries A strong opening stock rally Thursday faded in the afternoon in part because of worries about the upcoming U.S.-China trade talks. The concern was prompted when Michael Pillsbury, a prominent adviser to President Donald Trump, told the South China Morning Post that Trump would raise tariffs substantially on […]
NASDAQ Composite (.IXIC) rising to the highest level since July Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. Stocks rallied, with the Nasdaq Composite Index rising to the highest level since July, as the rotation from momentum to value shares that began at the start of […]
NASDAQ Composite (.IXIC) retreats below 50-day moving average as stock market skids lower early Tuesday The Nasdaq Composite traded solidly lower early Tuesday, with the slump in the technology-laden index pushing it beneath its 50-day moving average. The Nasdaq COMP, -0.04% was down 1% at 8,011, or down 76 points, in recent action and had touched an intrday […]
NASDAQ Composite (.IXIC) market pulled back following gains last week The S&P 500 and Nasdaq were down slightly in Monday afternoon trading, led by losses in technology shares, as the market pulled back following gains last week. Microsoft Corp (MSFT.O) was the biggest drag on the S&P 500 .SPX and Nasdaq .IXIC. Technology stocks .SPLRCT fell more than […]
NASDAQ Composite (.IXIC) little changed after the release of disappointing jobs data Stocks closed little changed on Friday after the release of disappointing jobs data, but posted back-to-back weekly gains on optimism around U.S.-China trade relations. The Dow Jones Industrial Average ended the day up 69.31 points, or 0.3% at 26,797.46. The S&P 500 climbed just 0.1% to close […]
NASDAQ Composite (.IXIC) investors disappointed that the Federal Reserve cut interest rates U.S. stocks closed sharply lower Wednesday with investors disappointed that the Federal Reserve cut interest rates in order to cushion the economy from the effects of President Trump’s trade war with China, but refrained from suggesting further rate cuts were on the way. The Dow […]
NASDAQ Composite (.IXIC) retreats from record ahead of Fed meeting Stocks finished mixed Monday, with declines in financials and communication-discretionary sectors preventing the S&P 500 and Nasdaq from scoring fresh record closes. How did major benchmarks fare? The Dow Jones Industrial Average DJIA, +0.11% gained 28.90 points, 0.1%, at 27,221.35, while the S&P 500 index […]
NASDAQ Composite (.IXIC) post worst day in a month The Dow and the broader stock market ended in the red Thursday, on one of the biggest days of the earnings season. Both the Dow and the Nasdaq Composite recorded their worst one-day percentage drops in a month. The Dow (INDU) closed 0.5%, or 129 points, […]
NASDAQ Composite (.IXIC) closed at record despite mixed earnings and economic data and antitrust probes into leading U.S. technology stocks The S&P 500 and Nasdaq stock indexes closed at record on Wednesday despite mixed earnings and economic data and antitrust probes into leading U.S. technology stocks. But the Dow ended lower after disappointing earnings from […]
NASDAQ Composite (.IXIC) Futures Fall Most stocks rose in Asia following news that U.S.-China trade talks will resume in person next week. Nasdaq futures fell after the U.S. opened an antitrust probe into big technology companies. The dollar hit a two-week high against the euro ahead of Thursday’s European Central Bank meeting. Australia’s dollar fell […]
NASDAQ Composite (.IXIC) rise amid hopes for strong earnings US stocks gained on Monday as Wall Street is anticipating more strong earnings reports. The Dow Jones Industrial Average was up 17.70 points, or 0.07 per cent, to 27,171.90. The S&P 500 rose 8.42 points, or 0.28 per cent, to 2,985.03. The Nasdaq Composite Index increased […]
NASDAQ Composite (.IXIC) falls as Fed expected to cut interest rates by 25 basis points Wall Street’s main indexes have fallen following a report the Federal Reserve plans to cut interest rates by only a quarter percentage point at the end of the month. The benchmark S&P 500 on Friday erased earlier marginal gains after […]
NASDAQ Composite (.IXIC) snaps a two-day losing streak amid some ugly second-quarter earnings US stocks finished stronger on Thursday, snapping a two-day losing streak amid some ugly second-quarter earnings.Stocks opened lower but retraced some of their losses as the day went on. While the S&P 500 and the Nasdaq Composite finished squarely in the green, […]
NASDAQ Composite (.IXIC) falls as CSX results point to damage from trade tensions U.S. stock indexes dipped on Wednesday as weak results from CSX Corp stoked concerns that the protracted trade war between the United States and China could hurt corporate earnings. CSX CSX.O shares tumbled 9.9% and were set for their biggest one-day drop […]
NASDAQ Composite (.IXIC) Mixed on Earnings and Economic Data Tuesday’s market is similar to yesterday with the Nasdaq, Dow and S&P-500 little changed, but today the R2K index is 0.55% higher. Brian’s technical piece below offers some interesting insights into the Russell Index. Market volumes out of the gate are about 3% stronger than yesterday, but […]
NASDAQ Composite (.IXIC) turns negative U.S. stock benchmarks cut solid gains Thursday morning after a tweet from President Donald Trump indicated that trade talks between China and the U.S. may not be making substantial progress. Trump tweeted that China is “letting us down” by not buying U.S. farm products “that they said they would.” Trump’s […]
NASDAQ Composite (.IXIC) surged to a record high after Federal Reserve Chairman Jerome Powell signalled a willingness to cut interest rates to boost flagging economic growth The tech-heavy Nasdaq Composite surged to a record high Wednesday after Federal Reserve Chairman Jerome Powell signaled a willingness to cut interest rates to boost flagging economic growth. The […]
NASDAQ Composite (.IXIC) slips on trade concerns U.S. stocks dropped on Tuesday as investors fretted over a hit to company earnings from the protracted U.S.-China trade dispute and reined in expectations of a big interest rate cut by the Federal Reserve later this month. In the latest indication of the trade dispute hurting businesses, German […]
NASDAQ Composite (.IXIC) hopes of sharp rate cut fade U.S. stocks fell on Monday,pressured by a drop in Apple Inc following a broker downgrade,and as investors toned down expectations of an aggressiveinterest rate cut by the Federal Reserve later this month. Apple IncAAPL.O fell 2.1% and was the biggest drag on allthree main Wall Street […]
NASDAQ Composite (.IXIC) US job gains weaken case for big Fed cut The dollar rose broadly on Monday after strong U.S. jobs growth in June suggested the Federal Reserve will not aggressively cut interest rates later this month. U.S. nonfarm payrolls rebounded in June to 224,000, the most in five months, data showed on Friday, […]
NASDAQ Composite (.IXIC) Eyes Record High Dow Jones futures rose slightly Thursday night, ahead of Friday’s jobs report. S&P 500 futures and Nasdaq futures also were higher after U.S. stock markets were closed for Independence Day. The stock market rally powered ahead Wednesday, with the Dow Jones and S&P 500 index setting all-time highs and […]
NASDAQ Composite (.IXIC) gains in communications, technology and consumer goods companies outweighed losses in energy stocks and banks Stocks capped a wobbly day on Wall Street with modest gains Tuesday, nudging the S&P 500 index to its second straight record high. Gains in communications, technology and consumer goods companies outweighed losses in energy stocks, banks […]
NASDAQ Composite (.IXIC) gains on optimism for progress in U.S.-China trade talks U.S. stocks climbed on Monday, but finished off earlier highs, led by gains in technology stocks on optimism for progress in U.S.-China trade talks and signs of a likely reprieve for Chinese telecom company Huawei. Despite losing some of its initial steam, the […]
NASDAQ Composite (.IXIC) Poised For New Highs Friday’s mid-year closes provided important inputs to my proprietary analytics. The results include monthly value levels for July, risky levels for the third quarter–which are at new highs for the Dow, SPX and Nasdaq–and semiannual pivots in play until the end of 2019. The averages straddle annual pivots that […]
NASDAQ Composite (.IXIC) trims gains after Kudlow’s trade comments U.S. stocks pared early gains on Thursday, with the S&P 500 hitting a session low, after hopes ofa trade deal were dented by White House economic adviser Larry Kudlow’s comment that Washington may move ahead with more tariffs on Chinese goods. There were no preconditions set […]
NASDAQ Composite (.IXIC) rises on tech gains, trade hopes U.S. stocks rose on Wednesday as gains in chipmaker Micron boosted the technology sector and comments from Treasury Secretary Steven Mnuchin fueled hopes that the United States and China were making progress in their trade talks. “We were about 90% of the way there (with a […]
NASDAQ Composite (.IXIC) sinks 1.5% as tech-related stocks get clobbered Information technology shares and those related to telecoms suffered sharp losses Tuesday, as commentary from the Federal Reserve moderated hopes for a substantial reduction of benchmark borrowing costs. Rate-cut hopes have thus far underpinned equity market’s record rally. The Dow Jones Industrial Average DJIA, -0.67% […]
NASDAQ Composite (.IXIC) investors awaiting U.S.-China trade talks the end of this week at the G20 summit Global equity markets traded mostly flat on Monday as investors awaited U.S.-China trade talks the end of this week at the G20 summit, and the dollar fell to three-month lows on bets the Federal Reserve may cut interest […]
NASDAQ Composite (.IXIC) saw the steepest decline on a percentage basis with a slip of 0.24% A late-session selloff kept the S&P from another record and snapped the major indices’ four-day winning streak. But let’s not be too demanding, especially in a low volume summer session. Stocks still rose for the third consecutive week to […]
NASDAQ Composite (.IXIC) stocks lifted by hopes for Fed and US-China trade Global stocks rallied on Tuesday and benchmark government bond yields tumbled after European Central Bank President Mario Draghi hinted at economic stimulus, with equities getting an extra boost from confirmation that U.S. President Donald Trump would meet China’s president to talk about trade. […]
Tech-heavy NASDAQ Composite (.IXIC) outperforms broader market Empire State New York manufacturing survey drops by the most ever A reading of U.S. home-builder confidence falls Sotheby’s shares jump nearly 60% after report says auction house is set to be taken private U.S. stocks closed higher Monday on the back of strong gains in social media […]
NASDAQ Composite (.IXIC) hopes of an interest rate cut adding to theupbeat sentiment Gains in energy shares helped WallStreet’s main indexes snap two days of weakness and trade higheron Thursday, with hopes of an interest rate cut adding to theupbeat sentiment. Crude prices rose as much as 4%, a day after hittingfive-month lows, after a […]
NASDAQ Composite (.IXIC) focus remained largely attuned to global trade developments Stocks fell for a second day on Wednesday, pressured by declines in tech and bank shares, pausing a sharp rally to start off June. The Dow Jones Industrial Average dipped 43.68 points, or 0.2%, to 26,004.83 while the S&P 500 closed 0.2% lower at […]
NASDAQ Composite (.IXIC) looming trade tensions still make a bear market a possibility Wall Street investors are enjoying a multiday rally, with the Dow Jones Industrial Average poised for a six-session advance, but strategists at Citigroup say looming trade tensions still make a bear market a possibility if the Trump administration’s tariff disputes aren’t resolved […]
